Moi
Active Member
- Thread starter
- #21
Perhaps these statistics would actually mean something if you posted the amount that these corporations put back into the economy through employee taxes, income taxes, dividend taxes, what they pay to their employees (who thus pay taxes), have to pay in state and local sales taxes, insurance for their employees, occupancy taxes, development taxes...need I go on mentioning all the things these corporations do on the other side of the scale????Originally posted by Palestinian Jew
Why exactly is this a hollow remark? Each year, U.S. taxpayers subsidize U.S. businesses to the tune of almost $125 billion, the equivalent of all the income tax paid by 60 million individuals and families. Here is what I consider "corporate welfare":
1)Exxon claimed nearly $300 million dollars in tax deductions on the sttlement they paid when the Exxon Valdez spilled 11 million gallons of oil
2)$1 billion dollars to Lockheed Martin since 1971 for plant shutdowns and relocations
3)In 1989, Sears threatened to leave Illinois, which would cause 6,000 jobs to be lost. Illisnois gave them 178 million dollars in tax breaks, plus 61.1 million from the state treasury and $7 million in reduced sales and income tax. Four years later, they fired 50,000 people nationwide.
Please show me how the books, news shows, internet sites, and countless radio hours make me have no experience in this area.